Smart Debit Comments On The Benefits Of Using A Direct Debit Bureau

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SmartDebit

There are many advantages to be gained from choosing to set up your electronic payment schemes with a bureau

(PRWEB UK) 1 September 2012

More than 30 million people in the UK opt for direct debit over more traditional payment types. Sixty seven percent of regular personal and household commitments are paid through direct debit, according to BACs.

SmartDebit is one of the UK’s largest BACS-approved bureaus providing direct debit services for over a decade. Direct debit bureaus like SmartDebit offer a comprehensive service catering for all of an organisation’s electronic payments including set up, processing and crediting accounts.

Direct debit bureaus are often chosen over banks as they may have a limited direct debit service in place for them, or some banks can be more interested in larger companies with greater profits.

Also unlike direct debit bureaus, banks generally do not offer ongoing maintenance for direct debit systems.

There are many advantages to be gained from choosing to set up your electronic payment schemes with a bureau:

•     No investment needs to be made by your organisation for BACS software
•     Much fewer overheads for staff to process and regulate a direct debit service
•     Transparent fee service
•     Tailor-made managed service
•     Quick sign up service for new payees
•     No need for employees to create less than secure digital passwords (all reports are password protected)
•     A full in-depth activity report is issued on a monthly basis
•     Daily notifications of any unpaid, cancelled or amended direct debits

SmartDebit are the UK’s leading Direct Debit Bureau, specialising in payment processing services since 1998. A Bacs approved Bureau, scoring ‘Excellent’ in all five categories of the Bacs audit, and ISO 27001 compliant. Providing a complete range of services: Outsourcing; SmartDebit-Admin cloud based portal; SmartDebit-Online payer sign up; SmartDebit-API integrated solution and SmartDebit-Contingency.

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